Reduces and clarifies requirements for municipal tourist development commission disbursements for advertising.

This bill reduces the minimum percentage of funds that municipal tourist development commissions must spend on advertising outside their municipality from 50% to 20%. It directly affects these commissions in New Jersey municipalities, which use local tourism revenue to promote visitor attraction. The bill also clarifies that "advertising outside the municipality" includes any ads targeting people who work or live outside the area, even if the same ad reaches local residents. This change simplifies compliance while maintaining the core goal of attracting tourists from outside the community.